InterDigital Stock Forward View - Simple Moving Average
| IDCC Stock | USD 352.03 0.70 0.20% |
The Simple Moving Average forecast reference data for InterDigital is based on the equity's recent trading history. This page summarizes the model output and key accuracy metrics for reference.
The Simple Moving Average forecasted value of InterDigital on the next trading day is expected to be 352.03 with a mean absolute deviation of 7.17 and the sum of the absolute errors of 422.97.The simple moving average model is conceptually a linear regression of the current value of InterDigital price series against current and previous (unobserved) value of InterDigital. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future All Simple Moving Average forecast figures shown for InterDigital are reference data reflecting model output based on available historical prices. Simple Moving Average Price Forecast For the 20th of March
Given 90 days horizon, the Simple Moving Average forecasted value of InterDigital on the next trading day is expected to be 352.03 with a mean absolute deviation of 7.17 , mean absolute percentage error of 114.36 , and the sum of the absolute errors of 422.97 .Please note that although there have been many attempts to predict InterDigital Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that InterDigital's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest InterDigital | InterDigital Price Prediction | Research Analysis |
Forecasted Value
Forecasting InterDigital for the next session involves measuring the model's historical ability to define credible downside and upside scenarios. Investors should still remember that no empirical framework consistently proves that one family of forecasting models will outperform all other approaches in live markets.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of InterDigital stock data series using in forecasting. Note that when a statistical model is used to represent InterDigital stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 119.1741 |
| Bias | Arithmetic mean of the errors | -0.51 |
| MAD | Mean absolute deviation | 7.169 |
| MAPE | Mean absolute percentage error | 0.0207 |
| SAE | Sum of the absolute errors | 422.97 |
Other Forecasting Options for InterDigital
Whether a novice or experienced investor, anyone considering InterDigital needs to understand the dynamics of InterDigital's price movement. Price charts for InterDigital Stock contain a significant amount of noise that can distort investment decisions.InterDigital Related Equities
The following equities are related to InterDigital within the Information Technology space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing InterDigital against peers on metrics such as P/E, margins, and return on equity helps contextualize its positioning and identify relative strengths or weaknesses.
| Risk & Return | Correlation |
InterDigital Market Strength Events
Analyzing market strength indicators for InterDigital enables investors to understand how the stock performs relative to overall market momentum. These indicators are valuable tools for identifying when to enter or exit positions in InterDigital.
InterDigital Risk Indicators
Identifying and analyzing InterDigital's key risk indicators is a foundational step in projecting how its price may evolve. This process helps investors quantify the risk associated with InterDigital's and decide how to manage it.
| Mean Deviation | 2.03 | |||
| Semi Deviation | 2.53 | |||
| Standard Deviation | 2.93 | |||
| Variance | 8.56 | |||
| Downside Variance | 6.61 | |||
| Semi Variance | 6.41 | |||
| Expected Short fall | -2.42 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for InterDigital
The amount of media and story coverage tied to InterDigital can signal where market attention is concentrating at the moment. The stronger process compares story flow with performance, theme classification, and the level of short-term market interest.
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InterDigital Short Properties
Reviewing short-oriented indicators for InterDigital is useful because long and short participants often create very different signals for timing and volatility. This is most valuable when investors want to know whether bearish pressure is starting to shape the market's reaction function.
| Common Stock Shares Outstanding | 34.5 M | |
| Cash And Short Term Investments | 1.2 B |